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How to Buy Tezos (XTZ)

A Step-by-Step-Guide on how to buy Tezos (XTZ)

Step 1 – Join CEX.io

You'll first need to buy one of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Send Your Funds to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Tezos (XTZ) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you have chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find Tezos (XTZ)

As soon as your deposit has been approved, you'll immediately have access to your assets and you can begin buying and trading. To buy Tezos (XTZ) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

In order to spot Tezos (XTZ), you'll need to insert the cointype (XTZ) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we have marked this too. Click on “XTZ/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Tezos (XTZ)
Step 4 – Purchase Tezos (XTZ)

As soon as you have spotted Tezos (XTZ), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're creating our own Limit Order.

The ”Price” field will be filled with the most recent price Tezos (XTZ) was sold for. You can change this to your desired price. The ”Amount” field is the amount of XTZ you want to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of XTZ.

If you are happy, make a mouse click on “Buy XTZ”. Your plan will be filled when a Vender trades their XTZ for the price you gave.

Step 5 – Withdraw Tezos (XTZ)

Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extended time period. To withdraw your Tezos (XTZ), go to the tab called “Funds” and click on “Withdraw”. Tezos (XTZ) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Tezos (XTZ) by using the given drop-down box. Enter the quantity of Tezos (XTZ) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you are glad, click “Submit”. You may be asked for email/phone verification before a withdrawal.

Congrats! You have successfully bought and safed Tezos (XTZ).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the Tezos (XTZ) is stored within your wallet, you're done.

Some other Guides on How to buy different Altcoins

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How to Buy Altcoins
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